California is eliminating the asset test for elderly Medicaid next year. So I think that means they will collect on your estate for nursing home costs after you die. That means the money can grow until you die which is actually much better.The asset limit is under $8000 in my state. And about $9000 income limit. So, not even close to the Medicaid expansion that allowed unlimited assets and more income. I read that California increased the asset limit for an individual to $130,000, but that's an exception vs. most states. It sounds like N.Y. would be a good state if you had low income and needed health care coverage without having to give up pretty much everything you had.